Nov 26, 2020 / 03:00PM GMT
Operator
Ladies and gentlemen, thank you for standing by. I am Emma, your Chorus Call operator. Welcome, and thank you for joining the IMMOFINANZ Conference Call on the Q3 Earnings. (Operator Instructions)
I would now like to turn the conference over to IMMOFINANZ. Please go ahead.
Dietmar Reindl - IMMOFINANZ AG - COO & Member of Executive Board
Ladies and gentlemen, welcome to the Q3 call of IMMOFINANZ. My name is Dietmar Reindl, and I'm welcoming you. Let me start with the highlights in our portfolio on Slide 3, please.
We're happy to report that we achieved an occupancy of 95.5%, which is a bit lower than compared to last year, but still also compared with our peers, an excellent result. Our portfolio value is still around EUR 5 billion, and our rental income has even increased by 5.7% compared to Q3 last year. Our gross return is on a level of 6.1% and the result of asset management is at EUR 158.9 million, which is a plus of 3.3%, showing the very consistent and active way of working with our income, but even more with our costs during the
Q3 2020 Immofinanz AG Earnings Call Transcript
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